Frederick’s Of Hollywood Will Close One-Third Of Stores Image courtesy of (shimown)

(shimown)
That’s could be news for shoppers looking for bustier liquidation sales, but Great American Group, liquidators you might remember from going-out-of-business sales like Circuit City and Target Canada, is handling the shutdown of these stores.
The company isn’t headed for oblivion yet, though: their chief operating officer told investors and reporters that they’re “re-engineering the whole business,” continuing e-commerce sales and keeping around 60 stores open.
Frederick’s of Hollywood shutting a third of its stores [Marketwatch]
Want more consumer news? Visit our parent organization, Consumer Reports, for the latest on scams, recalls, and other consumer issues.